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viatical
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The answer VIATICAL has 1 possible clue(s) in existing crosswords.
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The word VIATICAL is VALID in some board games. Check VIATICAL in word games in Scrabble, Words With Friends, see scores, anagrams etc.
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Definitions of viatical in various dictionaries:
adj - pertaining to the purchase of insurance policies from terminally ill policy holders
noun - a type of life insurance arrangement
VIATICAL - A viatical settlement (from the Latin "viaticum") is the sale of a policy owner's existing life insurance policy to a third party for more than its c...
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Possible Crossword Clues |
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Pertaining to a road or traveling |
Last Seen in these Crosswords & Puzzles |
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Sep 28 2014 Premier Sunday - King Feature Syndicate |
Viatical description |
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A viatical settlement (from the Latin "viaticum") is the sale of a policy owner's existing life insurance policy to a third party for more than its cash surrender value, but less than its net death benefit. Such a sale provides the policy owner with a lump sum. The third party becomes the new owner of the policy, pays the monthly premiums, and receives the full benefit of the policy when the insured dies."Viatical settlement" typically is the term used for a settlement involving an insured who is terminally or chronically ill. A person generally is chronically ill if the person (1) is unable to perform at least two activities of daily living, such as eating, using the toilet, bathing oneself, or dressing oneself; (2) requires substantial supervision to protect himself or herself from threats to health and safety due to severe cognitive impairment; or (3) has a level of disability similar to that described in (1) as determined by the U.S. Secretary of Health and Human Services. A |